Central bankers around the world would need to consider any slowdown in AI-driven growth as they assess steps in their fight against inflation, International…
World food prices edged lower in October as weaker import demand contributed to monthly declines in cereal, dairy and meat prices, but were still nearly 6%…
Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three…
Emerging ‌and developing economies outside China are expected to add as much new renewable energy capacity as advanced economies for the first time over…
BP has won gas exploring rights in Egypt's offshore King Mariout concession in the western Mediterranean, the British-based company said in a statement on…
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched ‘Dubai Global’, an initiative to…
Dubai business park operator TECOM Group said on Monday it drew orders worth $9.63 billion for its initial public offering, the latest Middle East listing to…
Iran, which holds the world's second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa that Beijing…
Apex Chairman of the Board of Directors Roger Plank held talks on Monday with Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla. Plank…
President of the Saudi Contractors Authority (SCA) Zakaria al-Abdul Qader revealed that the number of workers in the contracting sector has reached three…
The Saudi Shura Council approved new laws regulating the energy supply system, real estate contributions, and the sale and lease of real estate projects. …
Saudi Arabia plans to enhance cooperation and expand in Egypt during the coming period, announced the head of the Saudi National Real Estate Committee. …
Asian markets mostly fell Tuesday as investors struggled to maintain a recent rally while weighing central banks' inflation-fighting rate hikes and the…
Saudi Arabia and Italy underscored on Monday their strategic relations and determination to further expand their economic partnership. Addressing the Saudi…
Algerian state energy firm Sonatrach announced Monday the discovery of an "important" deposit of gas condensate in the Hassi R'mel field in the Sahara desert. …
US energy company Schlumberger has said it will not apply without Baghdad's consent for any tenders in the oil and gas sector of Iraq's Kurdistan region,…
A recent World Bank report revealed the need to invest $4.5 trillion annually in urban infrastructure, indicating that making it low-carbon and climate…
Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) signed on Sunday a partnership with the Singapore-based International Center for…
Egypt has contracted to buy 180,000 tons of wheat from India, less than previously agreed, but is looking at ways to extract more flour from grain and even use…
Central bank chiefs and economists gather Monday evening at their annual forum in southern Portugal to discuss the best approach to the inflationary challenges…
Oil prices extended gains on Monday as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders…
The United States aims to raise $200 billion in private and public funds over five years to fund needed infrastructure in developing countries under a G7…
The Ministry of Economy has announced that the UAE will soon sign comprehensive economic partnership agreements (CEPA) with several countries. It will also…
Air traffic is booming this summer, but after European vacations are over will passenger demand hold up? The question was the focus of the annual congress…
The Saudi stock exchange Tadawul plans to launch single stock futures on July 4, which will enable local and international investors to hedge and manage…
Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrived for talks aimed at alleviating the…
Saudi Arabia announced substantial investment opportunities in vaccines and medicines worth $3.4 billion, aiming to realize the Kingdom's goals of achieving…
The head of the International Monetary Fund on Friday underscored the importance of fighting inflation now to shore up the prospects for economic growth in the…